Research on Financing Efficiency of Industrial Robotics Enterprises
Industrial robotics industry has high production and processing costs,thus financing efficiency has a great impact on the development of this industry.Based on the input-oriented perspective,the DEA model is applied to analyze the financing efficiency of industrial robotics enterprises listed on Shanghai and Shenzhen stock exchanges from 2016 to 2020 in both static and dynamic dimensions.The results find that:the vast ma-jority of enterprises have lower financing efficiency and higher scale efficiency,mainly because of their lower comprehensive and pure technical efficiency;most of the enterprises'total factor of production rate shows a tendency of firstly decreasing and then increasing;the current industrial robotics industry is dominated by pri-vate enterprises,which mainly manufacture the lower end of the industrial chain,and all of their financing effi-ciencies show a polarized phenomenon.
industrial robotics firmsfinancing efficiencyDEA modelMalmquist index
万方数据
维普
